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Deepak Korgaonkar boasts of an impressive 25-year experience on tracking and writing market stories based on extensive research and analysis of stocks/ sectors. He also specialises in reporting real-time stock market trends and impact stories. He holds a postgraduate degree from Mumbai University.
Deepak Korgaonkar boasts of an impressive 25-year experience on tracking and writing market stories based on extensive research and analysis of stocks/ sectors. He also specialises in reporting real-time stock market trends and impact stories. He holds a postgraduate degree from Mumbai University.
BS Bank Aspirex, formed by Business Standard, has underperformed markets by falling 16% in one month
First quarter results indicate more pain ahead as slowdown has spread to more sectors, pricing power has gone down and rising interest cost eating away profits
Good bargains still exist but need homework on basics
It has tanked over 67% from a level of Rs 765 on July 12, compared to 2% drop in the benchmark S&P BSE Sensex
A slowdown in the economy has taken a toll on capital goods stocks with the S&P BSE Capital Goods (CG) index tumbling to a four-year low in trade today
Stocks of public sector companies (PSUs) have been underperformers with most of them losing their one-third market value post the OFS
Berger Paint's Dhingra sees net worth surge by 43%; Sun Pharma's Shanghvi moves up to fourth slot
Coal India,Tata Steel, BHEL and NTPC S&P BSE Sensex touched 4-year low.
HPCL, BPCL, IOC cracked in the range of 8-11% on BSE
Including, SBI, PNB, Dena Bank and Federal Bank, a total of 18 banks mostly from public sector are trading at their 52-week lows on BSE
ITC, Dabur, Nestle, Britannia among top gainers
SBI, OBC, Federal Bank and Corporation Bank hit 1-year low
Among individual stocks, Canara Bank and Oriental Bank of Commerce lost 8% each on the National Stock Exchange (NSE)
With the S&P BSE mid- and small-cap indices hitting 12-month lows, analysts remain cautious on this space
Expert says SBI, HDFC, HDFC Bank, YES Bank and ICICI Bank have good fundamentals and can be bought from a medium-to-long term perspective
Analysts expect more downside in this sector, with Titan still the preferred bet
Analysts say that the rupee trajectory, going ahead, will be a function of flows
WPI data released Tuesday sparks of rally in interest rate sensitive stocks. RBI may cut rate in June review, analysts say.
LIC has emerged as a net seller in recently concluded quarter and most of the pullout has been from private sector companies.